Silver Prices Edge Up to ₹115/g on August 5: Check Rates in Top Indian Cities

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Last Updated: 5th August 2025 - 10:35 am

Silver prices in India rose on Tuesday, August 5, 2025, to ₹115 per gram or ₹1,15,000 per kilogram. This ₹2 increase comes after three days of unchanged rates and reflects renewed momentum in the bullion market. Southern cities like Chennai, Hyderabad, and Kerala continue to quote higher-than-average prices, highlighting regional demand differentials.

As always, international spot prices and the rupee’s performance against the US dollar remain the two major influencers of domestic silver pricing. A weaker rupee often pushes local prices higher even when global rates stay stable, underscoring the currency’s critical role in pricing dynamics.

Silver Price Today Across Major Cities

  • Silver price today in Mumbai: In Mumbai, silver rate today trades at ₹115 per gram, marking a ₹2 rise from the previous session.
  • Silver price in Delhi: Delhi reflects the national average, quoting ₹115 per gram today.
  • Silver price in Bangalore: Bangalore maintains parity with metros, reporting ₹115 per gram.
  • Silver price in Chennai: Chennai continues to lead with elevated rates, quoting ₹125 per gram.
  • Silver price in Hyderabad: Silver remains firm at ₹125 per gram in Hyderabad.
  • Silver price in Kerala: Kerala joins other southern states in quoting ₹125 per gram.
  • Silver price in Pune: Silver prices in Pune remain aligned with national levels at ₹115/g.
  • Silver price in Vadodara: Vadodara records stable silver prices at ₹115 per gram.
  • Silver price in Ahmedabad: Ahmedabad mirrors Vadodara, trading silver at ₹115 per gram.

Recent Silver Price Movements in India

Here’s a quick look at silver price fluctuations over the past few sessions:

 

  • August 5, 2025: ₹115/g – Up by ₹2
  • August 4, 2025: ₹113/g – No change
  • August 1, 2025: ₹113/g – Down by ₹2
  • July 31, 2025: ₹115/g – Down by ₹2
  • July 30, 2025: ₹117/g – Up by ₹1
  • July 29, 2025: ₹116/g – No change

Silver prices have mostly traded within a tight band, suggesting market stability with only short bursts of volatility.

Conclusion

As of August 5, 2025, silver prices in India have increased slightly to ₹115 per gram, breaking a short spell of static rates. The rise mirrors the influence of global market cues and minor rupee fluctuations. Southern cities continue to command a notable premium, likely driven by cultural and seasonal buying patterns. As we advance, silver price trends will hinge on global demand forecasts, currency strength, and economic data releases.

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